6 each bulleted stateinent describes how the amount of income tax is determined for yearly incomes at
different ranges.
for yearly incomes of $8.925 or less are taxed at a flat rate of 10%.
for yearly incomes froin 58.926 to $36,250, the first $8,925 is taxed at 10% and any income beyond
$8,925 is taxed at 15%.
for yearly incomes greater than $36.250, the first $8,925 is taxed at 10%, the next $27.325 is taxed at
15%, and any income beyond $36.250 is taxed at 25%.
a. mr. vance's yearly taxable income is $35,675. what is the dollar amount taken out for taxes based on mr.
vance's taxable income?
b. mr. rivera's taxable income is $20 each hour before taxes are taken out. mr. rivera worked a total of 40
hours each week for 50 weeks. what is the dollar amount taken out for taxes based on mr. rivera's taxable
income?
w



Answer :

Other Questions